MASSACHUSETTS LIONS EYE RESEARCH FUND INC

EIN: 042278062 501(c)(3) Medical Research

BELMONT, MA

Total Revenue
$1,024,397
Total Expenses
$1,076,079
Total Assets
$3,827,346
Net Assets
$2,887,846
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
MA
Principal Officer
JAMES ROTH
Phone
6174842261
Tax Period
2024-07-01 to 2025-06-30

MASSACHUSETTS LIONS EYE RESEARCH FUND INC, founded in 1958, is a community nonprofit in the Medical Research sector that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Net assets of $2.9M represent 34 months of operating reserves.

Mission

GRANTS TO MEDICAL AND RESEARCH FACILITIES ENGAGED IN EYE RESEARCH.

Program Service Accomplishments

Program 1
Expenses: $1,020,000

GRANTS TO MEDICAL AND RESEARCH FACILITIES ENGAGED IN EYE RESEARCH.

Program 2
Expenses: $7,547

MISCELLANEOUS AWARDS FOR ACHIEVEMENT IN THE FIELD OF EYE RESEARCH OR FUNDRAISING TO BENEFIT EYE RESEARCH.

Program 3
Expenses: $4,279

PRINTING OF LITERATURE TO MAKE GENERAL PUBLIC AWARE OF DEVELOPMENT AND MEDICAL TECHNOLOGY IN THE EYE RESEARCH FIELD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $869,728
Program Service Revenue $0
Investment Income $154,669
Other Revenue $0
TOTAL REVENUE $1,024,397

Expense Breakdown

Grants Paid $1,020,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,031,826
Other Expenses $56,079
TOTAL EXPENSES $1,076,079

Year-over-Year Comparison

2024 2023 Change
Revenue $1,024,397 $1,124,813 -0.1%
Expenses $1,076,079 $836,764 +0.3%
Net Income $-51,682 $288,049 -1.2%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
36
Independent Members
36
Employees
N/A
Volunteers
50

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES ROTH Treasurer 5.00
Officer Director
$0 $0 $0
BEVERLY DILLON President 2.00
Officer Director
$0 $0 $0
BRENDA MACPHERSON 2ND VP 0.00
Officer Director
$0 $0 $0
ROBERT GROVER Secretary 0.00
Officer Director
$0 $0 $0
KATHY SALEM Executive Dir. 0.00
Officer Director
$0 $0 $0
JOHN RIEMER PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
JEANNE FARROW Asst Treasurer 2.00
Officer Director
$0 $0 $0
PATRICIA KALICKI Vice President 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,024,397 $1,076,079 $3,827,346 $-51,682
2024 No data No data No data No data
2023 $1,003,382 $889,502 $2,807,277 $113,880
2022 $940,231 $744,133 $2,335,925 $196,098
2021 $747,149 $979,969 $2,310,712 $-232,820
2020 $682,863 $721,959 $3,276,845 $-39,096
2019 $1,049,327 $1,156,228 $2,668,575 $-106,901
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